🎫 Is Bytedance Owned By China

Meanwhile, even China does not permit the U.S. version of TikTok—instead Douyin, another ByteDance-owned app that is subject to standard Chinese social media censorship, dominates social media

In 2021, the state-owned China Internet Investment Fund purchased a 1% stake in ByteDance's main Chinese subsidiary, Beijing ByteDance Technology (formerly Beijing Douyin Information Service), as a golden share investment and seated Wu Shugang, a government official with a background in propaganda, as one of the subsidiary's board members.

Three senators have called for an investigation into the social media app, which is owned by the Chinese tech giant ByteDance. TikTok has been downloaded more than 110 million times in the United

OpenAI has suspended the account of TikTok parent ByteDance following a report that the China-owned firm was “secretly” using its “GPT” AI technology to build its own rival chatbot service.

The deal values the gaming studio at around $4 billion, two sources told Reuters. The acquisition of the video games studio come as ByteDance, the owner of TikTok and the similar Chinese short

^{These apps include short-form video apps Tiki and Zili, the video-streaming app PlayIt, music video-makers Noizz, Mast, and Mivo, and the ByteDance-owned streaming app Resso. At least eight of India’s 100 most-downloaded free apps were found to be from Chinese companies like ByteDance, Xiaomi, Alibaba, and Joyy.} GKXek. 653 531 738 96 681 577 995 658

is bytedance owned by china